California Statutes
§ 51628. — 51628. (Amended by Stats. 2003, Ch. 553, Sec. 5.)
California § 51628.
JurisdictionCalifornia
Code HSCHealth and Safety Code - HSC
Div. 31.DIVISION 31. HOUSING AND HOME FINANCE
Part 4.PART 4. BOND AND LOAN INSURANCE
Ch. 2.CHAPTER 2. Administration
This text of California § 51628. (51628. (Amended by Stats. 2003, Ch. 553, Sec. 5.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Health and Safety Code - HSC Code § 51628. (2026).
Text
The agency shall, after a reasonable time during which it may establish a business, be competitive with other insurers, and it is the intent of the Legislature that the insurance fund shall ultimately become neither more nor less than self-supporting. However, this section shall not be construed to preclude the insurance fund from operating in a manner that will permit the agency to create additional reserves from operations in order that the agency can maximize its insurance capacity.
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Legislative History
Amended by Stats. 2003, Ch. 553, Sec. 5. Effective January 1, 2004.
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Bluebook (online)
California § 51628., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/HSC/51628..